Abstract

References (29)

Using the URL or DOI link below will
ensure access to this page indefinitely

Based on your IP address, your paper is being delivered by:

New York, USA

Processing request.

Illinois, USA

Processing request.

Brussels, Belgium

Processing request.

Seoul, Korea

Processing request.

California, USA

Processing request.

If you have any problems downloading this paper,please click on another Download Location above, or view our FAQFile name: SSRN-id2278484. ; Size: 1458K

You will receive a perfect bound, 8.5 x 11 inch, black and white printed copy of this PDF document with a glossy color cover. Currently shipping to U.S. addresses only. Your order will ship within 3 business days. For more details, view our FAQ.

Quantity:Total Price = $9.99 plus shipping (U.S. Only)

If you have any problems with this purchase, please contact us for assistance by email: Support@SSRN.com or by phone: 877-SSRNHelp (877 777 6435) in the United States, or +1 585 442 8170 outside of the United States. We are open Monday through Friday between the hours of 8:30AM and 6:00PM, United States Eastern.

An Alternative Economic Analysis of the Regulation of Unions and Collective Bargaining

In this book chapter, I attempt to provide an economic analysis of the positive influences of unions on efficiency, equity and the governance of society, as well as an economic rationale for the regulation of collective bargaining to promote equity in bargaining power and industrial peace. This chapter draws on my previous work on the bargaining model of unions and collective bargaining, as well as work from the law and society literature and behavioral psychology. My analysis examines a variety of possible benefits of unions to society including: the redistribution of product market rents from employers to employees, increases in productivity due to employee organization, and the efficient evolution of the law and social rules with the transformation of workers from one-shot players to repeat-players through organization. The treatment of the costs of collective bargaining as positional externalities within the context of a dilemma game provides a rationale for government regulation to encourage cooperation between the parties to collective negotiations.